Where is On Holding AG (ONON) Headed According to Analysts?

Core Insights - On Holding AG (NYSE:ONON) is identified as one of the most oversold large-cap stocks in 2025, with a Buy rating maintained by UBS analyst Jay Sole and a price target set at $79.00 [1] - The stock has received multiple Buy ratings from analysts, including Morgan Stanley with a price target of $65.00 and Bernstein with a target of $70.00, indicating strong analyst consensus [2] - The median price target for On Holding AG is $40.96, suggesting a potential upside of 68.28% from current levels [2] Company Overview - On Holding AG specializes in the development and distribution of sports products, which include apparel, footwear, and accessories [3] - The company markets its products globally through various channels, including global distributors, independent retailers, an online presence, and its own stores [3]